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Inditex, the world’s biggest clothing retailer, has slumped to its first quarterly loss as a public company and announced a €2.7bn plan that will see up to 1,200 stores closed as part of a push...
Mar 13, 2024 · Zara owner Inditex has reported record annual sales and strong demand for its new spring and summer fashion collections. The fashion retail giant, which also owns brands including Bershka and...
- Anna Wise
Jun 6, 2023 · Investors will closely watch Zara owner Inditex's profit margins for any signs of weakness after a stellar series of results confirmed its lead over smaller Swedish rival H&M.
Jul 8, 2024 · Inditex reported overall revenue losses during the pandemic, which were mitigated by online channels. Inditex' most recent results confirm that the conglomerate is back on track. As Inditex’s flagship store, Zara is leading the operational changes envisioned by the parent company.
Dec 13, 2023 · Zara owner Inditex said on Wednesday its net profit jumped 32.5 per cent in February-October, but the fast fashion giant’s sales growth in the nine-month period slowed down from a year ago amid...
Jun 5, 2024 · Inditex, owner of Zara, Bershka, Pull&Bear and more, reported a “very robust operating performance” during the first quarter of 2024, with sales up by 7.1% to reach £6.9 billion (€8.2 billion).
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Dec 15, 2021 · Inditex reported record quarterly sales and profits on Wednesday but shares in the world’s biggest clothing retailer fell as investors worried that the Omicron coronavirus variant may derail the ...
